Outperformance of small caps for a sixth straight day, so that is sort of the good news, but it is all a waitandsee game as we head into the ecb. Underperformance happening with btps in europe. Twitter earnings breaking as well. Revenue coming in stronger than estimated at it hundred 7. 6 million. 876are shifting at. Illion has a look at the monitor bullet daily active users, they came in at 166 million. That did beat estimates. They did add 14 million average monthly daily active users since the previous quarter. Seeing more activity. Now it is about monetizing that activity. Twitter is up by about 10 in premarket. More coming out later on in the show. We do want to give you a snapshot of all that is moving the market from our team in new york. We are going to begin with the data overnight in europe. Recession,s record plunging into record contraction, shrinking about 3. 8 . The slump adding a lot more urgency for joint physical support and puts more pressure on Christine Lagarde late
Kong reels from a violent day of protest. Police fire water cannon, tear gas, and rubber bullets as Chinas National Day approaches. Shery lets get you started with how mark how markets are trading. U. S. Futures higher by. 5 . Ons coming after the s p 500 one point on friday fell below the 50 day moving average. Bounced back. Still ended the session down. 5 . We had some traded concerns with a bloomberg report that the u. S. Might be considering restricting those portfolio flows into china. Trade sensitive sectors were hit. The nasdaq. Lost more than 1 we also have oil moving, or seeing its biggest weekly loss since july. Now we are seeing wti starts higher at by a tens of 1 . 56 a barrel. Lets see how we are setting up in asia. Sophie futures are hinting at a cautious session potentially on a busy final trading day of september. The offshore yuan recovering a touch after slipping to a three week low on friday on the u. S. Report falling options. Board ahead of the visit to the u. S. A
Global threats keeping haven bulls happy and the yen expected to outperform the g10 years. Peers. Petrol bombs, tear gas and rubber bullets fly as Chinas National Day approaches. We want to get you to breaking news on the terminal now. Industrial production from south korea for the month of august, something of a miss, 1. 4 contraction for the month. The survey expected a 1 contraction for the year on year figure. 2. 9 contraction of the market had been expected, a contraction of. 2 . Decline in expected Industrial Production for south korea in the month of august. Get you started with a quick check of where markets are trading your u. S. Futures gaining. 1 , paring back earlier gains but in the green. We are coming off the s p 500 losing half a percent friday. We had it at one point falling below its 50 Day Moving Average. It managed to bounce back, but still finished in the red. We have trade tensions, concerns across the past week which last which led the s p 500 to lose more than 1
Its not hard to imagine this robot would get up earlier and be a whole lot more diligent than i ever was, but its not just simple tasks that are at risk. The Silicon Company ellie mae is developing computers replacing Mortgage Brokers. Jonathan coor is head of ell ellie mae. Before i get to the questions about how all of that works, i want to kind of understand what your company does. Where are you in this mortgage chain at ellie mae . We go from the initial consumer touch point all the way through the process to the Mortgage Asset being sold to the investor. All the way through . All the way through the entire process with, you know, kind of our vision which has been with established 18, 19 years ago was the mortgage process, its all about data and yet it is such an inefficient disconnected process for the consumer. How can we embrace technology to create a much more seamless stream. I want to ask you much more about the technology but i want one more clarification. Ellie mae sounds l
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